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Sold on 09/04/2023
Patricia Gamboa of First Rate Properties

7234 Park Ave, Summit, IL 60501

  • $418,000

    Last sold 09/04/2023 for $370K

  • 7

    bed

  • 4

    bath

Multi-family not for sale
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About 7234 Park Ave

Property type Multi-family
Neighborhood
Year built 1963
HOA fee $0/month
Movoto estimate
Property description
Great Investment opportunity. All four Apartments are remodeled and in great condition. 3 are two bedrooms and 1 is a one bedroom. Each apartment has a parking space at the rear of the building. Each unit was remodeled approximately 3 years ago. Improvements include new kitchen cabinets with granite countertops, new hardwood floors, remodeled bathrooms, newer appliances. Additionally, the radiator boiler was professionally installed 3 to 4 years ago. You need to see it in person to appreciate the true condition of each remodeled unit.
Listed by
Listing Agent - Patricia Gamboa
Listing Office - First Rate Properties
Source: MRED mls logo
MLS#11867455 • last updated 2 years ago
Movoto checked MRED for data 18 minutes ago
Overview
Heating Natural Gas
MLS # 11867455
SubType 4 Flat
Status Closed
Type Two To Four Units
Property Tax $ 7007.02
Year Built 1963
Buyer Agent Commission 2.5%, % Of Net Sale Price
Interior
Basement None, None
Total # of Rooms 15
Exterior
Exterior Brick
Parking Desc Space/s
# Parking Spaces 4
Lot Desc Less Than 0.25 Acre
Amenities / Utilities
Sewer/ Septic Desc Public Sewer
Water Source Lake Michigan
# Units in Building 4
Location
Area Summit
County Cook
Elementary School District 104
High School Argo Community High School
Middle School District 104
High School District 217
APN 18124040340000
Multifamily Details
Expense: Insurance 155
Expense: Electricity 30
Expense: Fuel 178
Expense: Trash 47
Expense: Water/ Sewer 133
$418K
Range: $363K-$472K
Last 30 days 
  • Oct 2023
    mls logo MLS # 11867455
  • Oct 17, 2023 Sold
    $370,000 (+2.8%)
  • Sep 6, 2023 Pending
    —
  • Aug 28, 2023 Active
    —
  • Aug 23, 2023 Listed
    $359,900
  • 7234 Park Ave
    $370K
  • Summit
    —
  • 60501
    $289K -3% y/y
  • Summit
    $297K 0% y/y
No chart available
Statistics calculated by Movoto

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6/10
Walsh Elementary School
public Grades K-4
Summit School District 104
3/10
W W Walker Elementary School
public Grades K-4
Summit School District 104
3/10
Heritage Middle School
public Grades 6-8
Summit School District 104
5/10
Argo Community High School
public Grades 9-12
Argo Chsd 217 School District
Source: GreatSchools.org © 2026. All rights reserved.

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